Get Started Now! Get Your Credit Repair Do It Yourself!!

What Next for Nuveen New York Municipal Value Fund 2 (NYV) After Forming Bullish Wedge Up Chart Pattern?

New IdentityTheft Scam

The stock of Nuveen New York Municipal Value Fund 2 (NYV) formed an up wedge with $14.95 target or 3.00 % above today’s $14.51 share price. The 9 months wedge indicates low risk for the $34.09 million company. If the $14.95 price target is reached, the company will be worth $1.02 million more.
Rising wedges, especially for downward breakouts are tricky moments to trade. Investors must be aware that the break even failure rate for up or down breakouts is: 8% and 24%. The average rise is 28% and the decline is 14%. Wedges has high throwback and pullback rate: 73%, 63% and the percent of wedges meeting target is not more than 50%.

The stock decreased 1.31% or $0.19 during the last trading session, reaching $14.51. About 3,188 shares traded. Nuveen New York Municipal Value Fund 2 (NYSE:NYV) has risen 9.96% since June 11, 2018 and is uptrending. It has outperformed by 5.53% the S&P500.

More notable recent Nuveen New York Municipal Value Fund 2 (NYSE:NYV) news were published by: which released: “Weekly Closed-End Fund Roundup: ASG Rights Offering Terms Announced, Distribution Boosts To MGU And DNI – Seeking Alpha” on September 24, 2018, also with their article: “Weekly Review: Municipal Bond CEFs – Seeking Alpha” published on August 15, 2018, published: “Weekly Review: Municipal Bond CEFs – The Benchmark Entered Into A Price Range – Seeking Alpha” on January 24, 2019. More interesting news about Nuveen New York Municipal Value Fund 2 (NYSE:NYV) were released by: and their article: “Credit Advisors Council – Credit Repair NYC Provides Consumers Credit Counseling Services To Help Fix Their Credit – Press Release – Digital Journal” published on January 14, 2019 as well as‘s news article titled: “Weekly Review: Municipal Bond CEFs – BSD Seems Like A Potential Buying Opportunity – Seeking Alpha” with publication date: January 13, 2019.

Nuveen New York Municipal Value Fund 2 is a close-ended fixed income mutual fund launched by Nuveen Investments Inc. The company has market cap of $34.09 million. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It has a 50.38 P/E ratio. It invests in fixed income markets of New York.

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Source: on 2019-06-11 15:28:47

Read More At Source Site

Add a Comment

Your email address will not be published. Required fields are marked *

+ 75 = 79